Use the following information to answer questions 27 and 28 Heritage Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing, to complete miniatures. Next year's expected activities are shown below. Heritage Industries uses departmental overhead rates and is planning on a $3 per direct labor hour overhead rate the molding department. Compute the estimated manufacturing overhead cost for the molding department given the information above. A. $487,500 B. $195,000 C. $292,500 D. $243,750 Heritage Industries uses departmental overhead rates and is planning on a $1.60 per direct labor hour overhead rate for the finishing department. Compute the estimated manufacturing overhead cost for the finishing department given the information above. A. $104,000 B. $156,000 C. $260,000 D. $130,000